ANNUAL REPORT 2006-2007
ANNUAL REPORT 2006-2007
ANNUAL REPORT 2006-2007
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74<br />
> SERVICE VOUCHERS AND CARDS<br />
MARKET TRENDS<br />
Several factors are infl uencing this market.<br />
Rapid growth in countries such as India, Argentina,<br />
Brazil and Venezuela is generating signifi cant<br />
development opportunities.<br />
Employee motivation and retention problems are<br />
also beginning to affect Small and Medium-sized<br />
Enterprises, which are calling for solutions adapted<br />
to their organizations to help their employees<br />
achieve a better balance between career demands<br />
and home life.<br />
At the same time, governments and local authorities<br />
are seeking a specialized service provider to manage<br />
and monitor their social aid programs. They expect<br />
aid traceability and the shortest possible delay<br />
between the decision to allocate funds and<br />
their actual distribution to target populations.<br />
p Source: Sodexo<br />
SODEXO EXPERIENCE<br />
France:<br />
Synergies in “gift vouchers” with Tir Groupé<br />
In October <strong>2007</strong>, Sodexo fi nalized the acquisition<br />
of “Tir Groupé”, a pioneer and France’s leading issuer<br />
of gift vouchers to businesses and local communities,<br />
an alliance offering promising prospects for both<br />
parties. Tir Groupé will accelerate its growth through<br />
access to Sodexo’s client portfolio. Sodexo will<br />
strengthen its international presence by entering<br />
this high-potential French market segment.<br />
The takeover will also open up a new distribution<br />
channel for Sodexo’s Meal Vouchers.<br />
OVER 70 BILLION EURO<br />
GLOBAL ISSUE VOLUME IN THE MARKET<br />
20.2 MILLION BENEFICIARIES:<br />
• 15.5 MILLION EMPLOYEES<br />
ENJOY DAILY LIFE SOLUTIONS.<br />
• 3.6 MILLION EMPLOYEES USE<br />
MOTIVATION AND LOYALTY<br />
SOLUTIONS.<br />
• 1.1 MILLION CITIZENS BENEFIT<br />
FROM PUBLIC AID THROUGH<br />
SODEXO SOLUTIONS.<br />
p Source: Sodexo<br />
1 MILLION SODEXO AFFILIATED PARTNERS.<br />
p Sodexo estimate<br />
TIR GROUPÉ:<br />
• 35,000 CLIENTS<br />
• 200 EMPLOYEES<br />
• 7 REGIONAL AGENCIES<br />
• 325 FRENCH TRADE NAMES<br />
(5,000 local stores and 180 e-commerce websites)<br />
See page 44 for our client references.